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09 Apr 2018

Irish Aircraft Leasing Newsletter 9 April

Avolon delivers one Boeing B787-9 to Virgin Atlantic Avolon announced 3 April the delivery of one Boeing B787-9 aircraft to Virgin Atlantic. This is the fourth Avolon aircraft on lease to Virgin Atlantic. Elix Aviation Capital to Lease Two Bombardier Q400 to WestJet Encore Elix Aviation Capital announced 28 March that it has completed lease agreements with WestJet Encore for two Bombardier Q400 aircraft. With these agreements, Elix secures its first customer in Canada and fifth Q400 operator. Management Closes Reacquisition of Stellwagen Group from Acasta Stellwagen Holdings LLC announced 29 March that it has completed the purchase of Stellwagen Group Limited and affiliated entities from Acasta Enterprises Inc. The Purchaser is owned by the management team of Stellwagen Group and certain Acasta shareholders. NAC delivered one ATR 72-500, MSN 982, to Aeronova on lease Nordic Aviation Capital (NAC) announced 29 March that it has delivered one ATR 72-500, MSN 982, to Aeronova on lease. The aircraft will be operated by Air Europa. SMBC Aviation Capital delivers first of five aircraft to Wizz Air SMBC Aviation Capital announced 28 March the delivery of one Airbus A321 CEO (MSN 8169) to Hungarian carrier, Wizz Air at the Airbus facility in Hamburg. This is the first delivery to Wizz of a five (5) aircraft Sale and Leaseback transaction with the remaining aircraft scheduled to deliver in the last quarter of 2018 and first half of 2019. This brings to three the number of aircraft on lease to the airline. Spirit Airlines to acquire 14 A319s from AerCap Spirit Airlines entered into an aircraft sale agreement to acquire 14 A319-100s currently operated by the airline under operating leases from AerCap Global Aviation Trust, as owner participant under such leases, and Wilmington Trust Company, as owner trustee and lessor under such leases. The first such purchase is scheduled currently to occur in April 2018 and the last is scheduled currently to occur in June 2018. Universal Asset Management Acquires Airbus A340-600 Airframe from AerCap Universal Asset Management, Inc. (UAM) announced 29 March the acquisition of an Airbus A340-600 (MSN 736) from AerCap for disassembly and component support. Acumen Aviation © 9 April All Rights Reserved.    
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